Notice on Extending the Agenda of Extraordinary General Meeting
Pursuant to Article 139 paragraph 2 of the Companies Law (Official Gazette of Montenegro 65/2020) and Article 27 paragraph 3 of JUGOPETROL AD Articles of Association, the Board of Directors of JUGOPETROL AD hereby announces the following:
NOTICE ON EXTENDING THE AGENDA OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF JUGOPETROL AD
I. Shareholders of JUGOPETROL AD are hereby informed that the Agenda of the Extraordinary General Meeting of Shareholders scheduled for 30 March 2021 at 11:00 hours, in hotel CentreVille, The Grand Room, Cetinjska 7, The Capital Plaza, 81000 Podgorica shall be extended with additional item 5 which reads as follows:
“5. Approval of the Resolution on distribution of dividend from retained earnings.”
The extended Agenda of the Extraordinary General Meeting of Shareholders of JUGOPETROL AD shall read as follows:
“1. Opening and election of working bodies:
a. Chairman of the General Meeting, b. Voting Data Committee, c. Recording Secretary, d. the Minutes verification shareholder;
2. Adopting new Articles of Association;
3. Releasing members of the Board of Directors;
4. Electing members of the Board of Directors;
5. Approval of Resolution on distribution of dividend from retained earnings.”
II. Resolutions under items 1 to 3, and 5 of the Agenda shall be taken by majority of votes of shareholders who attend the Extraordinary General Meeting of Shareholders or who are represented by proxy provided that the Extraordinary General Meeting of Shareholders is attended by shareholders holding at least 1/2 of the total number of shares (2.326.986 out of total 4.653.971 shares). Resolution under item 4 of the Agenda shall be passed by cumulative voting.
III. Hereby we kindly remind the shareholders that the materials and resolution proposals for the Extraordinary General Meeting of Shareholders have already been made available and that the materials and resolution proposal as to the extended agenda shall available as of the day of publication of this Notice.
Shareholders may exercise their right and access the overall documents on every business day from 8am till 4pm at the premises of the Company HQs at Stanka Dragojevica bb, 81000 Podgorica and on the website of the Company www.jugopetrol.co.me.
IV. Shareholders who shall propose a member(s) of the Board of Directors have to submit basic information on a candidate(s), date and place of birth, qualification, curriculum vitae, employment status and residence and the signed statement of acceptance of candidacy and declaration that a candidate(s) meets the eligibility criteria provided under the Law. The template of the statement herein shall be published with this Notice.
Shareholders may submit the documents referred herein prior to the day of holding the Extraordinary General Meeting in the HQ of the Company, at Stanka Dragojevica bb or on the same day and in the place of holding the Extraordinary General Meeting of Shareholders.
V. Shareholders may exercise their shareholders’ rights at the Extraordinary General Meeting of Shareholders in person, by proxies or by voting with the voting ballots certified by a competent authority in accordance with the legislation in force.
VI. The procedure for identification of shareholders and verification of the documents on whose basis shareholders may attend the Extraordinary General Meeting of Shareholders shall be done on the premises of the venue specified in item I. hereof from 9:00am to 10:30am on the day of the meeting.
VII. This Notice shall be available to the shareholders of the Company on the website: www.jugopetrol.co.me and for all additional information regarding the Extraordinary General Meeting of Shareholders please contact: +382 20 401 802.
Chairman of the Board
of Directors Georgios Georgiou
You can download the materials, proposals of resolutions, ballots and proxy forma for the Extraordinary General Meeting of Shareholders on the following page.